Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $128 per day and long-term for an average of $1,250 per month, based on similar listings in the area. Estimated short-term cap rate of 15.4%. Estimated long-term cap rate of 2.5%. 3 bedroom home with 2 full baths in Bethel subdivision north of campus. Convenient to IU Health Ball Memorial Hospital, Ball State University, and amenities. Open space concept with plenty of natural light and spacious living area. Kitchen offers generous cabinetry, counterspace and all appliances including dishwasher. Basement for laundry, extra storage, and utilities. Washer and dryer included. 2 decks on front and back of house. Large back yard and off street parking. Currently leased at $1200/mo through 07/31/2024.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $5049 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,072 |
Furnished | unknown |
Year built | 1955 |
Listing Status | Off Market |
MLS | 202410766 |
